CHINA TOPIX

Updated 4:59 PM EDT, Fri, Oct 11, 2019

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The country is currently looking to implement strict measures to control its capital flow.

MSCI Shows Skepticism Over Capital Control Rules in China

China faces another roadblock to the complete inclusion of its stocks in global benchmarks. The country is currently looking to implement strict measures to control its capital flow.

 The main aim of this exercise is to stop the broadcast of websites which are currently banned in China.

China Intensifies Crackdown on Internet; Boosts VPN Regulation

China is taking more stringent actions against rogue Virtual Private Networks (VPNs) to ensure the online security of its citizens.

The new agreement deals with China Molybdenum assisting BHR in acquiring stake in Tenke copper mine, located in Democratic Republic of Congo.

China Molybdenum to Assist BHR in Acquiring interest in Tenke Copper Mine

China Molybdenum Co Ltd (CMOC) announced that it has inked a new deal with BHR, a Chinese private equity firm.

The country continued its dominance as its user base grew rapidly in 2016.

China’s Internet User Base Shows Explosive Growth in 2016

China is one of the biggest internet markets in the world. The country continued its dominance as its user base grew rapidly in 2016. The rate of growth in the past year was the fastest seen in the previous three years period.

However, its financial and real estate sector could not keep up the pace.

China’s Financial and Real Estate Sector Report Slower Growth in the Fourth Quarter

China reported better-than-expected economy growth rate during the fourth quarter of 2016. However, its financial and real estate sector could not keep up the pace. The overall economy grew by 6.8 percent during the last quarter of the previous year.

Alibaba's Jack Ma has downplayed the possibility of a trade war erupting between China and the US.

Chinese Billionaire Jack Ma Rules out China-US Trade War

The trade relations between China and the US have hit a new low with the swearing-in of US President Donald Trump. Nonetheless, Chinese business tycoons have expressed their optimism that the two countries will be able to overcome their differences. Alibaba founder Jack Ma is one of the people who hold this hopeful perspective.

 Paramount is owned by Viacom and will get access to the Chinese market with this deal.

China Gives $1 Billion Funding to Paramount Pictures

China continues its push to capture Hollywood with a new $1 billion deal with Paramount Pictures. Two Chinese firms Huahua Media and Shanghai Film Group have agreed to finance nearly a quarter of Paramount films over the next three years.

New US president Donald Trump has maintained his anti-China diatribe.

China Ready to Take Tough Stance if Trade Tension With the US Escalates

China is gearing to retaliate if its trade ties with the United States takes a turn for the worse. US President Donald Trump has maintained his anti-China diatribe. China has taken a firm stand against Trump's rhetoric, which have touched upon subjects ranging from Taiwan sovereignty to currency manipulation.

A report released on Monday stated that that China is likely to grow its economy at the rate of 6.5 percent during this year.

IMF Upgrades China Growth Estimates, Making it the Fastest Growing Large Economy

The International Monetary Fund (IMF) has raised its forecast for the Chinese economy. A report released on Monday stated that China's economy is expected to grow by 6.5 percent during this year. This estimate is higher than previous estimates by 0.3 percent.

The country made impressive achievements in 2016 as domestic consumption emerged to be the primary growth driver for the economy last year.

Domestic Consumption Remains A Growth Driver for Chinese Economy; China General Chamber of Commerce In Upbeat

China is making a shift from manufacturing based economy towards consumption based economy. The country made impressive achievements in 2016 as domestic consumption emerged to be the primary growth driver for the economy last year.

He said that any protectionist policy is likely to result in discord between the countries.

China’s Richest Man Wang Jianlin Warns Trump Against Trade War

Wanda Group's Wang Jianlin, China's richest man, issued a stern warning to Trump. He said that any protectionist policy is likely to result in discord between the countries. He also added that such disagreements would be detrimental to both the countries.

The government authorities undertook a series of investigations into the working Bitcoin exchanges in China.

China Finds Bitcoin Exchanges Circumventing Regulations; Halts Margin Trading

China has taken strong steps to curb Bitcoin operations in the country. The government authorities undertook a series of investigations into the working Bitcoin exchanges in China. It found that several practices were in contravention to existing laws.

It sold $66 billion worth of US debt in November, taking its holdings to the lowest level since 2010.

China’s US Treasury Holding Declines for Sixth Month; Hits Lowest Level Since 2010

China continues to cut its US treasury holdings for the straight sixth month. It sold $66 billion worth of US debt in November, taking its holdings to the lowest level since 2010. China is currently taking steps to boost up its local currency.

The collaboration is reported to be worth $800 million.

Alibaba Inks 12-Year Technology Deal with Olympics

Chinese tech giant Alibaba Group has inked a sponsorship deal with Olympic Games. The collaboration is reported to be worth $800 million. This is one of the biggest agreement in the history of Olympic movement.

 The machine will be an exascale computer and will be able to execute a quintrillion calculations per second.

China to Unveil Super Computer by the End of This Year

China plans to develop a prototype supercomputer in 2017. The machine will be an exascale computer and will be able to execute a quintrillion calculations per second. China already holds the distinction of having the world's fastest supercomputers.

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